Euro drops below par with US reserved currency. Euro near 52 week low, and US $ near 52 week high.
Despite the current strength of the US $ as compared to other Western fiat currencies, the Russian Ruble is stable and near a 52 week high. (The US $ is compared to the Ruble; the reverse from the Euro graph, which the Euro is compared to the US $).
The US $ is a temporary safe haven.
It is important to never lose sight of the fact that the US$ has depreciated significantly against hard real assets. On August 2, 1971, $11.93 US $ would buy 1 ounce of gold. Today August 24, 2022, $1751.60 US $ would buy the exact same 1 ounce of gold.
The US debt continues to grow in excess of $30.734 trillion, while emerging countries China, Russia, India, Brazil… dump the US $ for their own currencies and hard assets.
Will the financial digital reset follow a market crash?
When the US loses its reserved currency status, there will be a major reconciliation.
Puppet Bidens latest financial pledge of $3 billion in military aid to Ukraine means more debt and bloodshed. The US deep state is prolonging the proxy war. To what end?
At NCA we realize that many Canadians are uninformed and misinformed about the realities as indicated by their obedience to the multi-controlled political establishment, which is harming them and putting their future in peril.
Therefore, all we can do at NCA is continue to raise awareness, until a critical mass is ready to reclaim the country and whatever may be left of it.
If you want to help us, please share, become a member, international member, make a tax deductible donation… obviously, with the sinister Great Reset agenda in the works, the situation is serious.
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